119 61St StMiami, FL 33127

Property Details for 119 61St St

Property type

Residential income properties

Property subtype

Other land

Description

This exceptional 7,150 square foot residential lot, located at 119 NW 61st Street in Miami, Florida, presents a compelling investment opportunity. The property, identified by APN 0131130520170, is offered at $492,424 and features Fee Simple ownership. Zoned T3-O, this 0.17-acre parcel boasts approximately 50 feet of frontage on NW 61st Street and a depth of nearly 148 feet. Situated in the Little River subdivision, this lot benefits from its proximity to thriving neighborhoods like Edgewater and NIMO, with Downtown Miami and Miami Beach to the south and North Miami Beach to the north. The property is part of a larger assemblage totaling 27,080 square feet, with the potential to build twenty-three units. While the assemblage is listed separately, this individual lot offers the potential for four buildable units, making it an ideal development site. The Little River area has seen significant growth in recent years, with construction activity remaining elevated compared to pre-pandemic levels. This lot offers a unique chance to capitalize on the continued development and demand in this desirable Miami location. The information provided is based on data available as of the listing date.

Location Insight

City

Miami

County

Miami-Dade

State

Florida

Latitude

25.832

Longitude

-80.1982

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